The rent prices in real estate in Sabie, in the Mpumalanga region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per m² in Sabie has risen strongly during the last 6 months. In October, the average price per m² was R 26. In November this price barely changed remaining at R 26 per m². The price for the following two months in (December, January) fell 94 % with regard to the previous two months. The price per m² has had a considerable rise of 4893 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of R 25,25 to R 1 235,5 during February, and March.
When referring to the price in Sabie (cities & towns), this has risen considerably in the last 6 months. In our first sample month during October, the average price is R 4 725. In November This price remains at R 4 725. During the following two months (December, January) the price has had an average rise from R 4 725 to R 5 231,5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 2621 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of R 4 720 they are 43 % more affordable than the average price for Sabie . The properties with the highest average price have 2 bedrooms, Their price is 10 % more expensive than the average. After that we have properties with 1 bedroom priced at R 2 692.
According to average price per property type in Sabie, "" priced at R 5 191 is 10 % more expensive than the average price (R 4 720) in this city.